Sunday 11th May
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Wells Fargo Bank and Patricia Martin Part 2 – A Bank that Cannot Be Trusted
Written on 22 Feb, 2012 at 1:17
The bottom-line is, as anyone should be able to clearly see... Patricia Martin should NOT have lost her home and Wells Fargo SHOULD help her get it back with a modified payment so she can continue to live in the... (Continue reading)
URGENT DOER ALERT – Wells Fargo You’ve deceived, confused and beaten another senior into submission
Written on 20 Feb, 2012 at 13:34
Wells Fargo... let me be clear about this because time is short. Particia Martin is scheduled for UD Court tomorrow. So, you have some law firm, some unsuspecting foreclosure mill, no doubt... and you should call and cancel... (Continue reading)
OneWest Bank DOES IT for Lisa in Massachusetts! (DOERS ROCK!)
Written on 7 Feb, 2012 at 15:44
Plus, in Massachusetts, do you know how they do it? They auction the home off right on the soon to be ex-homeowner's front lawn, for all to see. I'll tell you what... that is some 17th century nonsense... (Continue reading)
MM EXCLUSIVE: AZ Bill Writes Down Underwater Loans for Homeowners – A Mandelman Matters Podcast
Written on 5 Feb, 2012 at 20:23
"In Arizona we don't ignore problems, nor do we pretend they aren't there," Sen. Reagan explains. "Obviously, the federal programs aren't going to address our state's needs, and that's fine. We're perfectly capable of doing what's best for... (Continue reading)
Freddie Mac’s Crimes Against Homeowners are NOT an Isolated Incident
Written on 30 Jan, 2012 at 18:35
ProPublica is reporting that Freddie Mac has been placing "multi-billion dollar bets designed to only pay off when homeowners remain "trapped" in high interest rate loans, and that the government-owned mortgage monster began increasing such bets late in 2010, which... (Continue reading)
Bank of America Does the Wright Thing – DOERS Did It Again. JOIN US, BE A DOER!
Written on 26 Jan, 2012 at 6:23
By mid-day on Tuesday, Bank of America had responded to say they were looking into it... and by 4:30 PM that same day Bank of America DID THE WRIGHT THING, and gave Mr. Dale Wright his home back... from a... (Continue reading)
Bostwick Putting SB 94 and California State Bar on Trial
Written on 24 Jan, 2012 at 8:13
Even some of the people involved in the drafting of California's Senate Bill 94 ("SB 94") back in 2009, recognized that it wasn't going to fix or stop the problems it was addressing, and there's no question that it was... (Continue reading)
Calling All Lawyers to 5,000,000 Crime Scenes
Written on 20 Jan, 2012 at 10:21
Consider this... bankers say that they've been overwhelmed by the millions of homeowners unexpectedly seeking loan modifications and that's why applying for a loan modification has been such a nightmare. But, what about the number of foreclosures occurring in... (Continue reading)
Are they lying or are they stupid?
Written on 14 Jan, 2012 at 15:51
Look... are you feeling me here? Do you see what I'm saying? What's the deal? Are they lying or are they stupid, because there's no way in the world we should be talking about whether the FOMC... (Continue reading)
MY DOERS DID IT AGAIN! But it’s not over yet. (And Holly Says Thank You!)
Written on 31 Dec, 2011 at 19:50
I don't usually do this, but with Holly's permission, I've posted the three emails I received from her today. I get a lot of very flattering emails from homeowners across the country, and I appreciate them all very much...... (Continue reading)
DOER ALERT: Wells Fargo Bank… How could you do this to a mother of four?
Written on 30 Dec, 2011 at 11:37
Doug and Holly were excellent customers of your bank for over 16 years, and then they hit a rough patch. They needed the bank's help... some guidance to get them through difficult times. You had a chance to... (Continue reading)
ALJAZEERA… The year’s top story is not getting coverage…
Written on 29 Dec, 2011 at 19:51
ALJAZEERA: "If you want to find out about this story of the year and years past, in all of its disgusting detail, you can't just trust major media. You have to read Matt Taibbi in Rolling Stone, a music magazine,... (Continue reading)
‘Twas the Night Before Christmas – 2011
Written on 21 Dec, 2011 at 9:15
And, since it is the holidays, it's also time for my annual year-in-review-in-rhyme, read to the famous holiday poem, 'Twas the Night Before Christmas. I started writing my 'Twas the Night year-in-review in 2007, or at least that's the year... (Continue reading)
GUEST POST: Dear Colleagues, by Thomas A. Cox, Esq.
Written on 16 Dec, 2011 at 20:40
This letter was written today by attorney Thomas Cox of Portland Maine, and posted on several legal listservs. It was totally unexpected and more than moving. Tom is the lawyer whose work and depositions of GMAC's Jeffrey Stephan... (Continue reading)
DOER ALERT – Bank of America Disables a Disabled Vet
Written on 16 Dec, 2011 at 7:25
Bank of America... stop torturing disabled American veterans, and stop torturing Arlie Matthews and I do mean immediately... and I also mean... or else. He's a brave and strong guy, but I know he's got to be scared to... (Continue reading)
Register of Deeds, Jeff Thigpen, Is Not Playing Around – A Mandelman Matters Podcast
Written on 10 Dec, 2011 at 18:16
Well, I caught up with Jeff after receiving a "friend request" from him on Facebook... I recognized the name right away and sent him a note asking him to join me for a podcast... and he said yes, of course.... (Continue reading)
Last Minute Discounts on Max Gardner’s Boot Camp!
Written on 3 Dec, 2011 at 18:25
Max Gardner is holding one more Boot Camp this calendar year at his beautiful 160-acre farm in Western North Carolina. It's almost sold out, but there are a few seats remaining so he decided to offer them at a... (Continue reading)
DeMarco of the FHFA… Like when the baby gets a hold of a hammer.
Written on 1 Dec, 2011 at 13:37
So, I'm bringing all of this up because Mr. Edward DeMarco, who is just the "acting" director of the independent federal agency that placed both Fannie Mae and Freddie Mac into conservatorship in the fall of 2008, has actually become... (Continue reading)
Mandelman’s Monthly Museletter – Version 16.0
Written on 30 Nov, 2011 at 17:15
In this edition you'll find: 1. Robo-signing KILLS... 2. OCC proposes credit rating duties go to banks - A real conversation with a banker-friend of mine. 3. PMI Files Bankruptcy - Regulators step in and take over yet another mortgage... (Continue reading)
A Foot Soldier in the Foreclosure Wars – Matt Weidner, A Mandelman Matters Podcast
Written on 27 Nov, 2011 at 10:53
I wanted to have Matt on a podcast so both homeowners and other lawyers would have an opportunity to hear his views on the crisis today, and specifically what he's seeing in the Florida courts. And sure enough, Matt... (Continue reading)
Unmistakably April Charney – A Mandelman Matters Podcast
Written on 24 Nov, 2011 at 20:00
So, whether you're a homeowner fighting to keep your home... or a lawyer who represents homeowners in foreclosure, here's an opportunity to hear what April has to say about where we've been, where we are today, and where she thinks... (Continue reading)
Home sales contracts are falling apart 2X as fast as last year
Written on 23 Nov, 2011 at 18:32
Why? Well, according to the Realtors, it's credit scores and appraisals coming in too low. Well shave my head and call me Baldy... what do you know about that? I certainly do declare, how can such a... (Continue reading)
Sitting in at Max Gardner’s UCC Seminar at New York Law School…
Written on 23 Nov, 2011 at 5:51
So... if you're wondering why I'm writing this right now, as education is raining down all around me? Well, it's because this is like being at the All-Star Game of the foreclosure crisis. It's just packed with high... (Continue reading)
Professor Learns the Hard Way About Loan Modifications at Bank of America
Written on 15 Nov, 2011 at 22:38
MEMO TO BANK OF AMERICA... Why do you do these things to me? I was just sitting here minding my own business, perfectly content to write about Chase or Wells or anything else for that matter... but no, you... (Continue reading)
We’re Going to Need a Bigger Horse… Portland police back down, rather than engage Occupy Portland protesters
Written on 15 Nov, 2011 at 9:57
We need, as perhaps the late, great Steve Jobs might have said... to think differently, to fight differently. We need to scare them by making them realize that we are their source of power and just as we bestow... (Continue reading)
Two Movies I Want to See… Bailout! and Margin Call
Written on 11 Nov, 2011 at 6:19
Two movies I really want to see, and I think you will want to see them as well. One is Bailout, and it looks funny and great. The other is Margin Call, and it look dramatic and really... (Continue reading)
Consumer Spending Up? Come on get happy…
Written on 9 Nov, 2011 at 8:31
The bottom-line... much of what the government is reporting is nothing more than a mirage, with the rest either easily explained or not indicative of a growing economy, but rather a shrinking one. ... (Continue reading)
Disturbing News from Behind Closed Doors – Attorney Thomas Cox, A Mandelman Matters Podcast
Written on 8 Nov, 2011 at 0:08
Tom's going to share some things that are very disturbing... things he's discovered are going on behind closed doors in the mortgage banking industry... thinks you probably haven't heard about before... things we all need to know. Don't even... (Continue reading)
The World of the Investor with Attorney Talcott Franklin – A Mandelman Matters Podcast
Written on 2 Nov, 2011 at 10:40
WHAT'S THE DEAL WITH INVESTORS? WHO ARE THEY? ARE THEY LOSING MONEY ON FORECLOSURES? What do the investors think about all these foreclosures? What's the relationship like between investors and servicers? Do investors want to modify loans? Do... (Continue reading)
Bull… meet China Shop. SB 94 and the California State Bar, Two Years Later
Written on 30 Oct, 2011 at 8:25
At the California State Bar Association's 84th Annual Meeting, September 17, 2011, Susan Anderson presented what she said is the bar's official interpretation of SB 94, precluding a lawyer from being paid for services related to a loan modification until... (Continue reading)
Attorneys: Foreclosure Defense at a Whole New Level – Max Gardner In-person or On video
Written on 26 Oct, 2011 at 9:02
Max basically gives attorneys his thirty-year law practice in a box with easy to follow assembly instructions and ongoing support. And there's nothing theoretical about what Max teaches attorneys at his workshops and seminars. In fact, I've seen... (Continue reading)
MERS Has Trouble, Right There in Ohio, With a Capital ‘T’…
Written on 18 Oct, 2011 at 18:28
"This case asks court very directly whether the MERS system complies with state law. If it doesn't then I'm going to go back and reopen all of the foreclosures alleging that the transfers were invalid," says Dann without hesitation. ... (Continue reading)
Inside the Obama Administration with Ezra Klein … and Mandelman
Written on 15 Oct, 2011 at 6:43
Klein seems to think that it's important to understand how the administration got it so wrong... but I could care less. I think the salient point is that they knew they had gotten it wrong soon enough, and yet... (Continue reading)
Attitudes on Wall Street: Dear God, Give Me Strength
Written on 4 Oct, 2011 at 6:03
Brancaccio asked about whether these Wall Street types recognized that bonuses are usually paid on profits, but that profits are "radically down," and Bethany replied that they don't. She said that there's a widespread belief that "it wasn't my fault,... (Continue reading)
Two Top Tier Lawyers Ready to Sue Servicers for Defrauding Homeowners
Written on 3 Oct, 2011 at 16:24
It's no secret to anyone close to the crisis that homeowners in distress are routinely lied to by servicers... often homes are lost as a result of those lies... and what's even more shocking than that is how so... (Continue reading)
The Birth of Robo-Signing…
Written on 3 Oct, 2011 at 6:43
My office will investigate whether other banks engaged in such practices because these failings involve much more than mere technicalities, as GMAC/Ally has claimed. As a consumer advocate and attorney, I am dismayed and shocked that the bank blatantly skirted... (Continue reading)
Mandelman’s Monthly Museletter – Version 15.0
Written on 20 Sep, 2011 at 9:30
1. Obama Administration Leaps Into Action on the Foreclosure Crisis. 2. Nation's poverty rate climbs to 15.1%, highest in 18 years. 3. Obama Says Government to Help More People Refinance... Again. 4. Mortgage Defaults Skyrocket 33% Nationwide in... (Continue reading)
Obama Says Post Office Should Cut One Day of Mail Delivery… Now there’s change we can believe in.
Written on 20 Sep, 2011 at 2:53
Obviously, Obama has been hard at work on this very important subject, and I think we have to give credit where credit is due. And he's got more ideas than just cutting a day of mail delivery, oh yes... (Continue reading)
Irresponsible Borrowers Documentary Trailer 2 – We Need Your Support
Written on 15 Sep, 2011 at 22:25
Watch it. Link to it. Post it. Support it. Everyone who contributes will be listed in the credits and we plan to take the film all the way to the Academy Awards. If "Inside Job"... (Continue reading)
Geithner is Allowing Banks to Recapitalize on Backs of Homeowners, or… Games Bankers Play
Written on 7 Sep, 2011 at 8:37
I'll say one thing for Secretary Geithner: He's great at distraction. He goes, "Lookie over here." Then he points his finger towards China... and a pigeon flies out of his ass. You really have to watch this... (Continue reading)
Upcoming Max Gardner Seminar: UCC’s Impact on Securitization and Foreclosure Defense
Written on 3 Sep, 2011 at 5:06
Max Gardner, along with his faculty of expert guest speakers, will be delivering two specially designed in-depth sessions each one laser focused on the topic of the UCC's impact on mortgage securitization - and each of the seminars is specifically... (Continue reading)
If Your Economic Forecasts are Wrong All the Time, Aren’t You Just Guessing?
Written on 8 Aug, 2011 at 14:31
Mark Zandi is not only misleading the American public, but he's also misleading the American government, because he appears to have become the favorite economist of the Federal Reserve, the Treasury Department and the Senate and House Budget and Finance... (Continue reading)
From Insult to Injury and Back to Insult… A New Twist on the Demolition Derby
Written on 3 Aug, 2011 at 6:47
I remember a year or two back when Warren Buffett quipped that one solution was to "blow up a lot of houses -- a tactic similar to the destruction of autos that occurred with the "˜cash-for-clunkers' program.'" He was... (Continue reading)
Lawyers, foreclosure fatigue and the dreaded FREE HOUSE
Written on 29 Jul, 2011 at 19:23
Wake up people, we're running out of time. We need to do better and that means we need to get smarter. And since I still have faith that our laws will prevail, we'll be needing our nation's lawyers... (Continue reading)
16 Banks Ordered to Compensate Victims of Improper Foreclosure
Written on 21 Jul, 2011 at 16:31
Guess what... the federal government has ordered 16 of the largest mortgage servicers to reimburse homeowners who they foreclosed on IMPROPERLY. Well, isn't that nice? What a lovely surprise. ... (Continue reading)
GOING UP… The Rising Bar of Homeowner Rage
Written on 20 Jul, 2011 at 7:08
The fact is that the path we're on can only end badly, and although I quite proud of how this nation has managed to hold it together until this point at least, as the man said, it's all downhill from... (Continue reading)
HAMP, HARP, HOP, HOOP… Like Watching Someone Spend $10 Trying to Fly to the Moon
Written on 19 Jul, 2011 at 5:06
Boy, that sure is a relief, wouldn't you say? Because, see... I had been under the impression that he had actually been trying to do something big and important and was putting his best foot forward, as it were.... (Continue reading)
Mandelman SHOCKS Online Community, Says: “I don’t care about my readers anymore.”
Written on 9 Jul, 2011 at 0:54
And the best part of the whole thing is that even if you're weren't a DOER this time around... even if until now you've just been a "reader," it doesn't matter... ANYONE CAN BECOME A DOER AT ANY MOMENT. ... (Continue reading)
The Independence Rap Video: Because the children ARE our future.
Written on 3 Jul, 2011 at 11:11
Several classes later, when we were entering the year 1976, I used the opportunity to jump into a musical time machine to travel back to the year 1776 in the City of Philadelphia at the Continental Congress. I was... (Continue reading)
Mandelman’s Monthly Museletter – Version 14.0
Written on 2 Jul, 2011 at 7:28
Happy Independence Day! 1. Bank of America... The wrong house AGAIN? 2. Let's call it: Bernankeconomics. 3. Fifty Million for 7,000 Short Sales, Cash for Sunkers? 4. The OCC says fewer than 5,000 principal reductions in... (Continue reading)
Bringing Up the Rear: Tom Deutsch, Executive Director, American Securitization Forum
Written on 1 Jul, 2011 at 2:52
I asked a friend of mine who is a fairly senior executive at a major bank, although not one of those mentioned here, and he said that he can't imagine the banks losing them. He explains that the truck... (Continue reading)
GUEST POST: Stop HAMP Discrimination Against the Disabled and the Elderly
Written on 30 Jun, 2011 at 18:46
Retirees and the handicapped experience higher living expenses, including home maintenance, spiraling healthcare costs, utilities, and other expenses associated with age, disability, and/or deteriorating health. That fact progressively reduces their disposable income and ability to make mortgage payments. ... (Continue reading)
Ocwen Loan Servicing Takes Home from Handicapped Because There’s Equity
Written on 27 Jun, 2011 at 5:44
Also, call me naïve, but I have to believe that this is all some sort of gigantic oversight, and you're going to learn of it... correct it immediately... and the Giangregorios are going to live in their home... happily ever... (Continue reading)
Bringing Up the REAR – Jamie Dimon, Chairman & CEO, JPMorgan Chase & Co.
Written on 19 Jun, 2011 at 16:47
"You have exactly 11 hours to sign and notarize this form. Then deliver three copies to one of three addresses in your home city between 3:00 PM and 4:30 PM on Thursday. The catch is that you must... (Continue reading)
FOR THE FATHERS
Written on 19 Jun, 2011 at 5:48
But, it's hard for me to be happy without thinking about the hundreds of thousands or perhaps millions of fathers who while they smile through their day, are also worrying about what will happen tomorrow because they know that, despite... (Continue reading)
GUEST POST: President Obama, please don’t let them take Grandma’s house!
Written on 17 Jun, 2011 at 21:00
A Guest Post by Chicago attorney, Rick Rogers of Rogers Law Group. Rick and I met last year when we attended Max Gardner's Boot Camp in North Carolina last year; we actually shared the Riverview Cabin on Max's ranch... (Continue reading)
Mandelman’s Monthly Museletter – Version 13.0
Written on 12 Jun, 2011 at 3:11
In this issue: 1. Banker-Speak... A new language. 2. An Interesting List. 3. Lessons from History... How we handled foreclosures during the 1930s. 4. I wanted to like Bruce Marks of NACA... but I can't. 5.... (Continue reading)
Fannie Responds to Hawaii’s New Foreclosure Law – Says… WE’RE OUT!
Written on 12 Jun, 2011 at 0:35
So, I really didn't know what the banking industry was going to do... I only knew one thing with certainty, even if everyone didn't agree... no way would they conform to the new law governing non-judicial foreclosures. Mediation sounded... (Continue reading)
Please Call the White House Today for Elizabeth Warren… Here’s the Number and a Script. Please Call.
Written on 9 Jun, 2011 at 14:06
I had the privilege of meeting Elizabeth Warren about a month ago when she was in San Diego and here are a few of the things she said to me... I wrote them down at the time so I'd have... (Continue reading)
Bank of America forecloses on un-mortgaged Florida home… that’s hardly news. Is EVERYONE missing the point here?
Written on 8 Jun, 2011 at 18:50
What the heck is going on around here? We're now passing around a story about a stupid PR stunt by a lawyer that ended up making Bank of America look REASONABLE? Oh my God, people... listen to me... (Continue reading)
Earth to Bankers, Earth to Bankers… Your Planet is Dying, You Must Evacuate, It’s Time to Come Home.
Written on 7 Jun, 2011 at 7:39
The bankers... yes, the very same bankers who leveraged up on garbage CDOs as if housing prices would never ever go anywhere but up are now supposedly shocked and dismayed that mortgage lending volumes don't seem to be "coming back,"... (Continue reading)
MAX GARDNER from the Front Lines of the Battle… A Mandelman Matters PODCAST!
Written on 5 Jun, 2011 at 16:43
Click the button below... and you'll hear a Mandelman Matters PODCAST... A PODCAST THAT MATTERS, if you will. From start to finish, it's unquestionably MAX GARDNER at his candid best. ... (Continue reading)
Today’s New… “But, You Didn’t Make Your Payment” Exemption to the Law
Written on 29 May, 2011 at 19:20
Don't make this more complicated than it need be. If you came and repossessed my car but were NOT the person or entity holding my pink slip, then we had a phrase to describe that occurrence as well ...... (Continue reading)
Elizabeth Warren Battles With GOP Over CFPB
Written on 26 May, 2011 at 7:29
How can ANYONE support today's Republicans in the House of Representatives or United States Senate? How can they think anyone will after seeing their behavior related to the Consumer Financial Protection Bureau ("CFPB")? ... (Continue reading)
Guest Post: Max Gardner on Rep. McHenry’s Shameful Treatment of Elizabeth Warren
Written on 26 May, 2011 at 5:11
And now we have Brother Patrick McHenry attacking in an outrageous fashion the one and only person in America who is trying to stand up for consumers and to protect us from the Banksters who single"handedly brought about the biggest... (Continue reading)
If You Think the Meltdown Was the Fault of Homeowners, Think Again…
Written on 25 May, 2011 at 18:46
So... in "Pillage," Nomi Prins explains in terms anyone can understand that factoring in the leverage at 11:1, we're looking at a $140 TRILLION economic problem... yes, you read that correctly... that's trillion, with a 'T'... (Continue reading)
Marques LIVES! Homeowner wins, then loses, then WINS!
Written on 25 May, 2011 at 8:11
Okay, so Mr. Marques is nothing if not persistent, apparently, and God bless him for that, because this time out... his third time at bat... he hits one out of the park! ... (Continue reading)
Breaking Down the Real Cause of the Foreclosure Crises
Written on 23 May, 2011 at 7:29
In 2014, it will be seven years since the meltdown began in the summer of 2007, and something in the neighborhood of 15 million homes will have been lost to foreclosure. And there's no reason to believe that foreclosures... (Continue reading)
When Auditing Foreclosures, the OCC’s Definition of the Word “Thorough” is “Hidden”
Written on 21 May, 2011 at 9:50
The findings of the independent reviews will be... sealed... closed to the public... whatever the independent reviews uncover or determine will remain a well-publicized secret. ... (Continue reading)
KPHO Channel 5 Arizona Airs Story on Rep. Seel’s Principal Reduction
Written on 12 May, 2011 at 10:46
Spolier Alert: Rep. Seel, who wonder of wonders... serves on the... wait for it... BANKING AND INSURANCE COMMITTEE... DENIES that his $100,000 principal reduction had anything to do with his decision to run late that day and not propose the... (Continue reading)
Governor Abercrombie Signs SB 651 – Toughest Foreclosure Bill in Nation NOW LAW!
Written on 6 May, 2011 at 0:17
The new law makes mediation prior to foreclosure MANDATORY if requested by the borrower, and requires mortgage servicers attempting to foreclose to submit to the mediation board, 14 days prior to mediation, proof that the chain of title is intact,... (Continue reading)
Hawaii 2011 – My Prayer for Hawaii’s Homeowners and SB 651
Written on 3 May, 2011 at 0:16
But then... the people in Arizona... well, they don't have Brudda IZ... now do they? Click play... turn up your speakers... close your eyes... and pray for SB 651 to pass tomorrow. Amen.... (Continue reading)
Hawaii’s Legislature Poised to Pass Nation’s Strongest Foreclosure Protection Bill
Written on 2 May, 2011 at 7:33
The dialog about the foreclosure crisis began when FACE member ministers began talking openly about there being no dignity for the families trying to save their homes from foreclosure by the mainland banks. That's what motivated FACE to get... (Continue reading)
THEY ONCE WERE LENDERS – Understanding government’s failure to stop bankers OR scammers from destroying homeowners.
Written on 25 Apr, 2011 at 21:47
And, to add insult to injury, our government has stood by obtuse and witless as these same banks have been permitted to lie, mislead, abuse, disrespect, malign and outright torture homeowners trying to apply for a government program funded by... (Continue reading)
Mandelman Talks with Ohio’s Ex-Attorney General About Foreclosure Crisis
Written on 24 Apr, 2011 at 8:53
Mandelman talks with Ohio's ex-Attorney General about foreclosure crisis and government's inadequate response. ... (Continue reading)
GOT ONE! Jury Convicts Taylor Bean’s CEO Farkas of Bank, Wire, Securities Fraud and Conspiracy
Written on 20 Apr, 2011 at 9:59
Soon, the hole grew to over $100 million, so Taylor Bean and a handful of Colonial executives figured that the easiest thing to do would be for Taylor Bean to simply sell hundreds of millions in mortgages THAT HAD ALREADY... (Continue reading)
FEDS Announce Enforcement Actions Against 14 Servicers, LPS and MERS… Hot Towels in Washrooms Threatened Once Again
Written on 19 Apr, 2011 at 14:41
Still, I'm committed to covering this subject even when doing so means that I have to start drinking at 9:30 in the morning... kidding, I'm just kidding... so, here's the news on the FEDS and their "enforcement actions," and I... (Continue reading)
In Re Walker, Part Deux – March 3rd, 2011, may just be a HUGE day for California Homeowners
Written on 1 Mar, 2011 at 20:11
So, Citi's lawyers filed a new proof of claim... and Ricki Walker's attorney, Mitchell Abdallah, filed a new objection, so Judge Sargis will once again have a chance to uphold the rule of law and change the playing field for... (Continue reading)
Man Drives Car Through Bank of America’s Lobby – Police Investigate, Unsure of Motive
Written on 28 Feb, 2011 at 23:26
So, wait a minute here... he drove into the bank... into it... he was inside a Bank of America at 4:00 AM... and police are still trying to determine if any property was taken... but he's only being charged with... (Continue reading)
New Fed Governor Sarah Bloom Raskin Gives Me Reason to Hope
Written on 15 Feb, 2011 at 15:53
I read her speech yesterday evening; parts actually gave me chills, and parts left me with a hopeful tear in my eye. She says almost exactly what I've written in my articles on at least dozens and at this... (Continue reading)
New Bankruptcy Court Decision Sounds the Alarm – The USS MERS is Going Down
Written on 14 Feb, 2011 at 10:07
Now, clearly this is a decision that's worth reading for one's self... Judge Grossman is one heck of a writer and not one to play patty-cake with MERS or those of the banking persuasion, but I thought I'd at least... (Continue reading)
CalHFA’s $2 Billion Home Rescue Program… Here’s How Stupid They Think We Are.
Written on 10 Feb, 2011 at 10:14
You see, it's a very well thought out no-lose proposition, this new California foreclosure rescue program... because if the banks refuse to participate in it, which would kill the whole principal reduction aspect of the plan, it's really not a... (Continue reading)
Tomorrow, February 3rd, is Call Your Attorney General Day to Get Tough on Foreclosure Fraud!
Written on 3 Feb, 2011 at 18:59
Tomorrow is call your Attorney General Day nationwide. I need you to take action here... it's time to be heard. The foreclosure crisis must be stopped and servicers must be held accountable for their crimes.... (Continue reading)
KA-BOOM! INVESTORS FILE SUIT: Bank of America, Countrywide and named executives committed “MASSIVE” SECURITIES FRAUD related to Mortgage-backed Securities
Written on 25 Jan, 2011 at 10:24
So, if the investors that are supposed to own the loans that are supposed to be assigned to the trusts say the notes were never assigned to them, and therefore they say they don't have the right to foreclose... how... (Continue reading)
Mass Hysteria – The Iabanez Decision by the Massachusetts Supreme Court
Written on 22 Jan, 2011 at 10:50
The bankers have blown it, and they've blown it big. To me it looks like there are multiple swords hanging over the heads of the too-big-to-fail crowd. They report fake earnings based on suspended accounting rules... they lie... (Continue reading)
Max Gardner Coming to Las Vegas: OPERATION STRIKE BACK THE BANKRUPTCY & FORECLOSURE BOOT CAMP
Written on 12 Jan, 2011 at 11:33
Max Gardner is Coming to Las Vegas... Friday, February 18, 2011 at 7:00 PM -through- Monday, February 21, 2011 at 3:00 PM to prepare troops for OPERATION STRIKE BACK... THE BANKRUPTCY AND FORECLOSURE BOOT CAMP. I've attended Max's Boot... (Continue reading)
Florida AG Pam Bondi Presentation on Foreclosure Fraud
Written on 6 Jan, 2011 at 0:33
And forgetting the homeowners for a moment, if these financial institutions are capable of this type of fraud, how can we or others around the world ever trust them. ... (Continue reading)
Two Years Waiting for the New York Times to Write About Lawyers & Loan Modifications, and they Still GET IT WRONG.
Written on 28 Dec, 2010 at 13:04
Can you hear me now? Is that doing it for you? The facts about California attorneys who offer to assist homeowners with loan modifications as presented in the New York Times story are just plain WRONG. ... (Continue reading)
The Kings and Queens Loan Mod Scammers: Arizona & Nevada Sue Bank of America Over Loan Modification Program
Written on 21 Dec, 2010 at 16:54
So, when the opportunity came up to investigate the banks as a result of things like robo-signers fraudulently signing affidavits in order to foreclose on people's homes, came to light, Terry Goddard was one of the state attorneys general to... (Continue reading)
Foreclosures Poised to Take Down the U.S. Banking System… and even entire economy, says Whalen. (Ya’ think?)
Written on 21 Dec, 2010 at 7:32
"Laurie Goodman of Amherst Securities predicts that 1 in 5 mortgages could go into foreclosure without radical action." Now just a minute here... you're not saying that one out of five people with mortgages are "irresponsible sub-prime borrowers who never... (Continue reading)
BREAKTHROUGH: Why Americans Are Allowing the Foreclosure Crisis to Continue
Written on 17 Dec, 2010 at 11:46
More than half of our country doesn't care about the foreclosure crisis because to them, it's just bankers acting in their own best interests by foreclosing on homes that borrowers irresponsibly bought knowing they couldn't afford them. It's therefore... (Continue reading)
T’was the Night Before Christmas… 2010
Written on 24 Nov, 2010 at 16:01
I write this political year-in-review holiday poem every year. I love doing it, and I hope you'll enjoy reading it and will send it to others of like mind as well. Happy Holidays!... (Continue reading)
Foreclosure Fraud: Tough Issues With Which to Grapple
Written on 30 Oct, 2010 at 20:37
Just in case any children are reading this, and one never knows about such things, forgery and perjury are never found on the right path to follow when attempting to cover up, flagrant and immeasurable fraud and massive malfeasance, boys... (Continue reading)
Federal Court: Borrower is INTENDED 3rd Party Beneficiary of HAMP – Homeowner Sues for Breach
Written on 25 Aug, 2010 at 6:57
Potential Game-Changer Alert... District Court Judge Says Homeowner is the Intended Third Party Beneficiary to the contract between Fannie and servicers... and that means the right to sue yours.... (Continue reading)
Elizabeth Warren on the Foreclosure Crisis
Written on 19 Jul, 2010 at 8:58
Elizabeth Warren: "It's about respect. I believe that the American people ought to be part of the conversation about what's happening in our economy, and what's happening in Washington D.C. and what's happening on Wall Street. I truly... (Continue reading)
The Great Unwind and the Final Redemption, by O. Max Gardner III
Written on 8 Jun, 2010 at 18:58
As my readers know, I've never had guest columnists or posted what others have written, but when I read the article that follows, which was written by Max on June 1st of this year, and then found myself reading sections... (Continue reading)
HEY, CHASE! YEAH, YOU… JPMORGAN CHASE! One of Your Customers Asked Me to Give You a Message…
Written on 3 Jun, 2010 at 13:25
Just to make it interesting... and fun... I'm going to do my best to really paint a picture of the situation, so the reader can feel like he or she is there... in the picture at the time of the... (Continue reading)
Every Time a Judge Cancels a Mortgage a Homeowner Gets His or Her Wings
Written on 26 May, 2010 at 2:45
Judge Bailey also reprimanded Huffman: "Some day, this foreclosure crisis is going to be over, and you need to decide what kind of lawyer you are going to be. Because at the end of the day, you are responsible... (Continue reading)
Lies and Damn Lies About Getting a Loan Modification
Written on 1 Sep, 2009 at 22:32
Months ago we weren't sure of many of these things and so you could say just about anything related to the loan mod process and no one could call you on it. Now the jury has come in. Guess you'll... (Continue reading)